(1.) COMPANY Petition has been filed seeking confirmation under Section 78 of Companies Act, 1956 ("the Companies Act") as to reduction of securities premium account of Mangalam Cement Limited (for short, "the Company") incorporated in the year 1976 having its two cement units Mangalam Cement and Neer Shree Cement and registered Office at Aditya Nagar - 326520, Morak (Kota district).
(2.) TODAY on 30 -11 -2007 none appeared, nor any objection has been raised. Accordingly, this Court doth order: